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M&A News

UK Competition Authority commences review of Paddy Power-Betfair merger

The UK Competition and Markets Authority has opened an investigation into the proposed merger of Paddy Power and Betfair.

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Imperus Technologies prepares to complete Akamon acquisition

Imperus Technologies is set to complete its acquisition of Latin American-focused social gaming operator Akamon Entertainment after securing financing to close the deal.

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Sportech shares fall after Contagious ends acquisition talks

Shares in Sportech plc fell sharply late Friday after Toronto-listed gaming supplier Contagious Gaming ended its takeover talks with the operator.

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Synergy Plus to acquire Chumba Casino social casino operator

Australia’s Synergy Plus has entered into a conditional agreement to acquire VGW Holdings, the US-facing owner and operator of the Chumba Casino social casino platform.

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Lithuania

OEG strengthens Lithuania presence with acquisition of local operator

Eastern European land-based gaming operator Olympic Entertainment Group (OEG) has moved to bolster its Lithuanian operations through the acquisition of local sports betting business UAB Orakulas.

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Celsius Coal drops mining in favour of iGaming with Favourit acquisition

Celsius Coal, an Australian company previously focused exclusively on the mining industry, has taken aim at the online gaming market with an agreement to acquire sports betting platform provider Favourit.

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Nevada-based Coastal Integrated enters iGaming market with Olympian acquisition

Nevada-based Coastal Integrated Services, a pink sheets traded company behind the Simply Lids disposable beverage lids business, has entered into an agreement to acquire online gaming operator Olympian Group.

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Catena Media boosts marketing capabilities with Right Casino Media acquisition

Performance marketing and lead generation specialist Catena Media is to acquire the UK-based pay-per-click (PPC) marketing business Right Casino Media as it looks to improve its capabilities and expand into new disciplines.

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Investment firm snaps up Gala Coral’s retail bingo business

Gala Coral has sold its Gala Bingo retail division to investment trust Caledonia Investments, which will retain the Gala brand via a licensing agreement.

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Czech consortium completes acquisition of Casinos Austria stake

Austrian Gaming Holdings (AGH), the Czech investment vehicle fighting to take control of state-owned gaming operator Casinos Austria, has completed its purchase of a stake in the company through its acquisition of CAME Holding.

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Contagious Gaming finalises CAD$7.15m Digitote acquisition

Toronto-listed software supplier Contagious Gaming has entered into a definitive agreement to complete the acquisition of sports betting solutions provider Digitote in a CAD$7.15m (€5m) deal.

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Nordic Leisure makes B2B sports move with Betting Promotion bid

Sweden’s Nordic Leisure confirmed Tuesday that it has made a formal bid to acquire sportsbook solutions supplier Betting Promotion, just days after acquiring sports results and information portal Score 24.

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